Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sokoman Minerals Corp V.SIC

Alternate Symbol(s):  SICNF

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. Its projects include Moosehead Gold, Fleur de Lys, Grey River Gold, Kepenkeck Gold, Killick Lithium, Crippleback Lake Gold, Startrek and Iron Horse. Moosehead Gold property includes 98 claims totaling 2,450 hectares adjacent to the Trans-Canada Highway in central Newfoundland. Fleur de Lys project of 1,891 claims on the Baie Verte Peninsula of NW. Grey River property in southern Newfoundland includes 324 claims in seven licenses, centered on the community of Grey River. Kepenkeck gold project, located in central Newfoundland. Killick Lithium Project is in southwestern Newfoundland. Crippleback Lake Gold Project is in proximity to the Trans-Canada Highway in north-central Newfoundland. Startrek Property is located 20 kilometers (km) east of the town of Gander, Newfoundland and Labrador, Canada. Iron Horse project is located over 120 km northeast of Labrador City, Labrador.


TSXV:SIC - Post by User

Bullboard Posts
Post by GOODVIBEon Nov 03, 2005 1:16pm
166 Views
Post# 9809735

MPL stock comment

MPL stock commentStock of the week: Sico Inc. -------------------------------------- Sico Inc. (TSX-SIC , $14.75) subsidiary Betonel has acquired Mills Paint Sales of British Columbia. This is a positive development. Sico remains a buy for long-term gains and rising dividends. Mills makes housing paint at a plant near Vancouver. It also operates 11 specialty stores in Alberta and B.C. that distribute a full line of paint and related products. This acquisition will give Sico some advantages. First, it'll raise Sico's sales. Last year, Mills generated sales of $9 million. This should grow since Sico will support Mills' development and growth. Second, Sico expects Betonel and Mills to "maximize the marketing synergies by building on the two companies' complementary strengths and positioning". Third, Mills will raise Sico's presence in fast-growing Western Canada. Even better, Mills' managers will stay on, bringing "their in- depth knowledge of the British Columbia and Alberta paint markets". Sico is wise to let local managers operate the business. All too often companies in Central Canada make mistakes and miss opportunities when they run empires from Toronto or Montreal. Fourth, Mills generates a lot of its revenue from professional painters. This fits with Sico's strategy of doing more business with professionals. By the way, Sico can buy back and cancel 685,632 or five per cent of its shares until Sept. 29, 2006. This past year the company bought back 53,000 shares. Compete with Sico: buy it for long-term gains and rising dividends.
Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse